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Property profile & analytics
FOR LEASE
Retail residential properties
2720 Woodburn Ave, Cincinnati, OH 45206
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US66-0534430
For Lease
1 / 2
$535,000
2720 Woodburn Ave, Cincinnati, OH 45206
View Listing →
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1895
Total area
4,824 SF
Lot
0.12 ac (5,314 SF)
APN
062-0003-0121-00
UPID
US66-0534430
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Elham at black rabbit salon Hair Salon
-
The hair hub Hair Salon
-
Ohio Paralegals For Justice Law Firm
-
Jacqueline Root Schuler at Black Rabbit Salon Hair Salon
-
Luna and Sol Hair Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$541k
Blend (final)
Blend
$535k
Owner & transaction history
2720 Woodburn LLC · 1 yrs held
2720 Woodburn LLC
since 2025
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$885,000
+136.5%
Medical building
$560,000
+49.8%
Office building
$510,000
+36.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Cincinnati submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cincinnati submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$375,000
Current use
AUTO REPAIR, GARAGE
$885,000
Change: +136% · Conversion: Difficult
MEDICAL BUILDING
$560,000
Change: +50% · Conversion: Easy
OFFICE BUILDING
$510,000
Change: +37% · Conversion: Easy
RETAIL STORES
$465,000
Change: +24% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$420,000
Change: +12% · Conversion: Difficult
Blend value · Realmo final
$535k
Range $482k – $589k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$111 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$7,302
Tax year 2023
Assessed value
$86,891
Assessed 2023
Previous assessed
$79,478
+9.3% YoY
Effective rate
8.40%
On assessed value
Assessed land
$13,930
Assessed improvement
$72,961
Land market value
$39,800
Improvement market value
$208,460
Total market value
$248,260
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Status
For Lease
Year built
1895
Heating
YES
Stories
2
Rooms
4
Total area
4,824 SF
Lot
0.12 ac (5,314 SF)
APN
062-0003-0121-00
UPID
US66-0534430
Jurisdiction
HAMILTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$375,000
AUTO REPAIR, GARAGE
Est. value
$885,000
MEDICAL BUILDING
Est. value
$560,000
OFFICE BUILDING
Est. value
$510,000
RETAIL STORES
Est. value
$465,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$420,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1895
Heating
YES
Stories
2
Rooms
4
Lot
0.12 ac
Current owner
From public records · entity-resolved
2720 Woodburn LLC
Entity
Mailing address
2720 WOODBURN AVE, CINCINNATI, OH 45206-1767
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 22, 2025
—
2720 Woodburn LLC
Jumprun LLC
Warranty Deed
$588,750 · Park National Bank
Dec 2, 2022
—
Jumprun LLC
—
Deed
related
$175,000 · Home Savings Bank Fsb
Mar 1, 2019
$5,000
Woodburn South LLC
Sagrado Trust
Grant Deed
—
Aug 1, 2013
$205,000
Jumprun LLC
Downtown Property Management INC
Warranty Deed
$157,500 · First Financial Bank NA
Aug 17, 1999
$60,000
Downtown Property Management
Abrames,theodora
Grant Deed
—
—
—
Jumprun LLC
—
Deed Of Trust
related
$283,000 · Bank Of Ky
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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